Nifty encounters a pivotal resistance barrier at 19930. A sustained breach above this level signals the potential for subsequent profit booking or consolidation within the range of 19966-19987. Further bullish momentum beyond this band could propel NIFTY towards the coveted level of 20121 in the near future.
Conversely, a failure to maintain a position above 19900, coupled with a descent below 19850, may usher in a decline in prices. The support zone delineated at 19789 and 19727 assumes significance on a broader time frame. In light of this, a prudent strategy would involve adopting a buy-on-dips approach, targeting strategic entry levels as indicated on the accompanying chart. 📈💹📉
Conversely, a failure to maintain a position above 19900, coupled with a descent below 19850, may usher in a decline in prices. The support zone delineated at 19789 and 19727 assumes significance on a broader time frame. In light of this, a prudent strategy would involve adopting a buy-on-dips approach, targeting strategic entry levels as indicated on the accompanying chart. 📈💹📉
Trade active:
Successful Plan
All Target almost done as per the Plan.
All Target almost done as per the Plan.